Why l-dsinc changed missionary support policy

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_Joseph
_Emeritus
Posts: 3517
Joined: Sun May 16, 2010 11:00 pm

Why l-dsinc changed missionary support policy

Post by _Joseph »

In Davis,(a Supreme Court case) the Court held that
support payments made by parents directly to their
missionary children were not deductible as charitable
contributions for federal income tax purpose.
Subsequently, the Church’s system for funding
missionary service of young single elders and sisters
was changed, and the Internal Revenue Service
announced that uniform contributions by parents to ward
missionary funds–where such contributions are pooled
and redistributed in different amounts depending on
local cost–would be deductible

http://www.jrcls.org/publications/persp ... 0-%202.pdf
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Can't contribute just to be faithful, gotta have tax deductions. No wonder l-dsinc has so many lawyers.
"This is how INGORNAT these fools are!" - darricktevenson

Bow your head and mutter, what in hell am I doing here?

infaymos wrote: "Peterson is the defacto king ping of the Mormon Apologetic world."
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